Projected Income Statement: Las Vegas Sands Corp.

Forecast Balance Sheet: Las Vegas Sands Corp.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 12,941 - 8,924 10,102 11,943 12,156 11,376 12,865
Change - - - 13.2% 18.22% 1.78% -6.42% 13.09%
Announcement Date 26/01/22 25/01/23 24/01/24 29/01/25 28/01/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Las Vegas Sands Corp.

Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
CAPEX 1 828 1,017 1,567 1,168 1,420 1,487 2,256
Change - - 54.08% -25.46% 21.54% 4.74% 51.74%
Free Cash Flow (FCF) 1 -1,071 2,210 1,637 1,855 2,962 3,097 2,473
Change - - -25.93% 13.32% 59.69% 4.54% -20.14%
Announcement Date 26/01/22 24/01/24 29/01/25 28/01/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Las Vegas Sands Corp.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 18.56% 17.81% 39.38% 38.76% 40.19% 39.07% 39.4% 39.87%
EBIT Margin (%) -16.27% -19.27% 22.3% 21.26% 21.65% 24.85% 25.09% 25.88%
EBT Margin (%) -34.81% -33.75% 17.11% 17.35% 17% 19.92% 20.35% 21.38%
Net margin (%) -22.7% 44.57% 11.77% 12.8% 12.5% 15.12% 15.28% 16.2%
FCF margin (%) -25.3% - 21.31% 14.49% 14.25% 20.94% 20.98% 16.05%
FCF / Net Income (%) 111.45% - 181% 113.21% 114.01% 138.54% 137.32% 99.04%

Profitability

        
ROA -4.7% - 6.5% 7.88% 9.78% 13.03% 13.7% 12.5%
ROE -38.68% - 30.53% 47.79% 93.12% 155.81% 227.25% 176.26%

Financial Health

        
Leverage (Debt/EBITDA) 16.46x - 2.18x 2.31x 2.28x 2.2x 1.96x 2.09x
Debt / Free cash flow -12.08x - 4.04x 6.17x 6.44x 4.1x 3.67x 5.2x

Capital Intensity

        
CAPEX / Current Assets (%) 19.56% - 9.81% 13.87% 8.97% 10.04% 10.07% 14.64%
CAPEX / EBITDA (%) 105.34% - 24.9% 35.78% 22.32% 25.69% 25.57% 36.72%
CAPEX / FCF (%) -77.31% - 46.02% 95.72% 62.96% 47.92% 48.02% 91.24%

Items per share

        
Cash flow per share 1 -0.34 - 4.218 4.347 4.362 6.109 7.156 6.598
Change - - - 3.06% 0.34% 40.05% 17.13% -7.79%
Dividend per Share 1 - - 0.6 0.8 1 1.15 1.258 1.386
Change - - - 33.33% 25% 15% 9.35% 10.18%
Book Value Per Share 1 2.61 - 5.466 4.028 2.356 3.144 5.306 7.294
Change - - - -26.3% -41.51% 33.47% 68.75% 37.46%
EPS 1 -1.26 2.4 1.62 1.96 2.35 3.189 3.507 4
Change - 290.48% -32.5% 20.99% 19.9% 35.71% 9.98% 14.05%
Nbr of stocks (in thousands) 7,63,974 7,64,141 7,53,329 7,25,009 6,76,113 6,62,604 6,62,604 6,62,604
Announcement Date 26/01/22 25/01/23 24/01/24 29/01/25 28/01/26 - - -
1USD
Estimates
2026 *2027 *
P/E ratio 15.9x 14.5x
PBR 16.2x 9.57x
EV / Sales 3.24x 3.05x
Yield 2.26% 2.48%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
20
Last Close Price
50.79USD
Average target price
69.09USD
Spread / Average Target
+36.03%

Quarterly revenue - Rate of surprise

  1. Stock Market
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  3. LVS Stock
  4. Financials Las Vegas Sands Corp.
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